EQT Real Estate to deliver over 800 rental homes in Stockholm

Whats Happening:

EQT Real Estate has closed a forward funding agreement for the second phase of a major residential development in Flemingsberg, Stockholm. The total investment for both phases is nearly EUR 150 million, delivering 805 modern rental apartments to address significant unmet housing demand in the area.

Key Moves:

• EQT Real Estate closes deal for 388 homes in second phase of Flemingsberg development

• Total investment of nearly EUR 150 million for 805 rental apartments

• Project targets young professionals, researchers, and students in growing Stockholm hub

By The Numbers:

• 805 total rental apartments to be delivered

• 388 homes in the second phase of the project

• Delivery scheduled for 2026 and 2027

Key Quotes:

• "We are pleased to be partnering with ByggVesta in Flemingsberg to deliver this development," - Erik Körner, Investment Director, EQT Real Estate

• "This project reflects our continued commitment to addressing Europe's housing challenges through long-term investment in high-quality, sustainable living environments," - Tom Livelli, Partner, EQT Real Estate

Bottom Line:

EQT Real Estate's investment in Flemingsberg demonstrates its commitment to addressing housing shortages in growing urban areas. The project aligns with the fund's strategy of creating sustainable, high-quality living environments while capitalizing on strong demand fundamentals in the Stockholm market.

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